The IRS announced inflation adjustments for the 2025 tax year on October 22, affecting tax brackets for returns due April 15, 2026. The top progressive tax rate of 37% for people ...
Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase 2.5 percent in 2025, the Social Security Administration recently announced.
The Social Security tax limit refers to the maximum amount of earnings that are subject to Social Security tax. For 2024, the Social Security tax limit is $168,600. Workers earning less than this ...